More than half of the facility management executives in a multi-national survey said that they will increase energy efficiency investments next year.
The 2017 Johnson Controls Energy Efficiency Indicator (EEI) survey of more than 1,500 facility and management executives in the United States, Canada and 10 other countries found that 58% of respondents expect to spend more on efficiency in 2018. Cost reduction remained the key driver for investments globally, with 77% rating it as a very or extremely significant factor.
In the U.S. and Canada, greenhouse gas emissions reduction and energy security were the most significant drivers at 92% and 91%, respectively. As in previous surveys, heating, ventilation and air conditioning (HVAC) equipment was the most popular improvement made last year, reported by 75% of respondents.
Onsite renewable energy is the top planned investment with 57% of respondents saying they will invest in this area over the coming year. Energy storage is gaining momentum, too, with 48% of organizations planning to make such investments in the next year.
Related Stories
Codes and Standards | May 2, 2018
Energy Department releases Updated EnergyPlus and OpenStudio building energy modeling tools
The tools can now accept input in epJSON format.
Codes and Standards | May 1, 2018
ASHRAE publishes new energy simulation-aided design standard
Requires building energy modeling during schematic design.
Codes and Standards | Apr 30, 2018
CALGreen projects pre-approved for streamlined LEED v4 requirements
Reduces need to run additional energy models.
Codes and Standards | Apr 26, 2018
New standard supports community resilience
ASTM International guidance supports cost-effective ways to withstand and recover from disasters.
Codes and Standards | Apr 25, 2018
Lessons learned from decades of Superfund cleanups guide contaminated land reuse
Sites repurposed for residential, commercial use, and solar energy generation.
Codes and Standards | Apr 24, 2018
Vibrant downtown core the key for urban multifamily development
Nighttime activity makes the difference.
Codes and Standards | Apr 19, 2018
ILFI launches new Zero Carbon Certification
Offers greater flexibility around project fuel types and offsetting renewables.
Codes and Standards | Apr 18, 2018
New Green Globe pilot program launched
Precursor to revised Green Globes Assessment Protocol for Commercial Buildings.
Codes and Standards | Apr 17, 2018
Contractor charged with fraud in winning $200 million in federal contracts
Accused of falsely claiming veteran- and minority-owned business status.
Codes and Standards | Apr 16, 2018
Wide variations in adoption of National Electric Code could jeopardize safety
An NFPA report found that code adoption is under heavier political scrutiny, leading to delays and decisions motivated by factors other than safety concerns.